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CM-1.6.2

To formulate and execute a fit-for-purpose policy on NPEs, Islamic bank licensees must complete an assessment of the following elements as a minimum:

(a) The internal capabilities to effectively manage, i.e. maximise recoveries and reduce NPEs over a defined time horizon;
(b) The external conditions and operating environment; and
(c) The capital implications of NPEs
Added: June 2022